£1bn added to UK economy for every 100,000 property transactions – claim
Each residential property transaction adds an average of £9,559 to the UK economy, according to some sums by Knight Frank and the Home Builders Federation. That's just shy of £1bn for every 100,000 home moves.
Londoners spent more on property outside of the capital in 2020 than in any year since 2007
Londoners spent more on property outside of the capital in 2020 than in any year since 2007 reports Hamptons, as the number of "London leavers" reached 73,950.
10% more property sales were agreed in 2020 than in 2019
The sales market has seen a busy start to the year, although asking prices have dipped in the last month as vendors price competitively.
PCL transactions ‘will double in 2021’ predicts top London agency
Dexters plans to open six new estate agency branches in London this year, as it forecasts strong growth in both prime sales and lettings markets.
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Touring eight of London’s most spectacular ultra-prime listings
From an 'incomparable' Hyde Park penthouse to a hidden mansion in Knightsbridge, PrimeResi looks at the options for elite buyers with super-sized budgets.
London Square continues prime site acquisition run with ‘extremely attractive’ Brook Green project
The former school site in West London is the Aldar-owned property developer's eighth acquisition so far this year.
‘Arguably the finest in Mayfair’: Trophy townhouse lists at £49.5mn
Grand red-brick specimen on Balfour Place is the only double-fronted south-facing home in Mayfair Village.
Top-end construction firm installs new Group MD
Castellum founders herald 'a key milestone' for the business as Lyndon Marfell joins from Walter Lilly.
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Buying agency platform adds two heavyweight advisors
Johnny Turnbull & John De Pree have joined Claire Whisker's First In The Door team.
By PrimeResi
Former Northacre sales boss launches new venture
Simon Edwardson's Wind Leaf will be offering up 'market leading advisory services for residential and commercial assets on a worldwide basis'.
Another ‘milestone’ deal in Mayfair as super-prime buyers make their move
Conditions are nervy, but some HNWIs are sensing an opportunity & taking a long-term view, reports top acquisition firm.
New Earls Court plans submitted, promising ‘a global destination’ with 4,000 new homes
Delancey's Earls Court Development team promises 'a place for everyone, a neighbourhood that brings people together, where they feel welcome, safe and included.'
By PrimeResi
Investor picks up South Ken apartment block
Firm plans to enlarge & rework the period building on Roland Gardens.
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
By PrimeResi
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Knight Frank super-prime sales boss in South of France move
Edward de Mallet Morgan will be focusing on properties worth over €20mn on the Côte d'Azur and beyond.
Property Industry Reactions: BoE holds interest rates at 5%
Today's unsurprising decision 'suggests that bringing interest rates down will be a test of stamina not speed,' notes Jackson-Stops boss.
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Abrahmsohn on non-doms, £50k pw rentals & why October 30th will be a watershed moment
Next month's Budget could send shockwaves through every stratum of the property market, writes veteran agent Trevor Abrahmsohn.
Russell Simpson strengthens PCL team
Daniel Trelease and Oscar Martinelli have joined the family-run firm's Chelsea office.
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In Pictures: ‘East meets West’ at this serene Hyde Park pied-à-terre
Taylor Howes & Verve Concepts complete new project for international clients at The Bryanston.